Indian tech startups are making headlines with substantial funding rounds and ambitious hiring plans. Notably, the chip startup Sensesemi Technologies has secured Rs. 25 crore in funding to advance its development of edge artificial intelligence (AI) chips. This funding is essential for the company to enhance its engineering team and focus on creating smart chips that integrate AI, connectivity, and sensing capabilities for applications in industrial, automotive, and medical devices.
Sensesemi Technologies Secures Rs. 25 Crore for AI Development
Sensesemi, based in India, has completed a seed funding round led by Piper Serica, which will significantly bolster its efforts in the edge AI sector. The funds will be allocated towards developing advanced chips designed to optimize performance while reducing power consumption. This initiative is crucial as industries increasingly seek innovative solutions to enhance efficiency and performance in their operations.
Juspay Raises $50 Million to Expand Global Presence
In another major development, Bengaluru-based payments technology firm Juspay has successfully raised $50 million from WestBridge Capital, bringing its valuation to $1.2 billion. This funding round includes both new investments and stock sales from earlier backers. The company intends to utilize these funds to expand its global reach and enhance its payment systems, reflecting a strong demand for innovative fintech solutions. Juspay has already made significant strides in transaction handling and has reported profitability following its growth trajectory.
Infosys, a leading player in the IT services sector, is also responding to the growing demand for artificial intelligence by announcing plans to hire 20,000 graduates in the financial year 2027. The announcement was made by the company’s CEO during the World Economic Forum in Davos. This move underscores Infosys’s commitment to scaling its workforce in response to increased client demand for AI and related services. The firm has already ramped up hiring in various areas, including software development, customer service, and AI projects.
Thailand Prepares Regulations for Crypto ETFs by 2026
On an international front, Thailand’s Securities and Exchange Commission is working on regulatory frameworks for cryptocurrency exchange-traded funds (ETFs) and futures, anticipated to launch in early 2026. The new regulations aim to increase investor confidence and safety in the burgeoning digital finance landscape by providing clearer guidelines on how these financial products will operate. This initiative could position Thailand as a significant player in the digital finance sector, with the potential to attract more investors into the cryptocurrency market.
As the tech landscape continues to evolve, these developments highlight the dynamic nature of innovation and investment in India and beyond. With substantial funding and strategic hiring, these companies are poised to make significant contributions to their respective fields and drive the next wave of technological advancement.
